Asset Management System

Abstract

"This document consists of a research and development carried out regarding an asset management system that was done. Once the described system is implemented into a business or an organization, the users can add or manage their business sites, asset types, suppliers, and individual assets within the organization. This asset management system allows users to add and manipulate important information about each of these entities. With that it ensures that all asset relevant data is easily accessible and manageable by a single user. With this platform current existing manual asset management process get enhanced into more efficient and accurate system. And with that it reduces the amount of errors that can cost. In addition to these functionalities, with this system, it is possible for users to create maintenance request for assets if they are out of order and maintenance engineers or technicians can attend to these requests. Furthermore, the system includes a depreciation calculation function so that users can calculate depreciation values for the assets they owned in a specific time period. This function uses the straight-line depreciation formula to do the calculation. Using this function will both make the work more efficient and beneficial for the businesses. Before the implementation was done, a research was carried out about existing systems and to find the value of such a system. With the research a detailed design chapter was completed with various types of diagrams which will be needed to complete building the system successfully. Upon completion of the design, the implementation was carried out. In this implementation stage author developed this asset management system as a web application. Also a testing and evaluation phase was conducted afterwards with the help of domain and technical experts. With these steps author was able to create a strong and easy-to-use asset management system."